The AntiCramer

Not Out of the Bear Market Yet

Generally a 6% rally would have a bear like me licking my chops looking for my next chance to get back in on the short side.

From what I've noticed over the past few weeks there has been three camps on SA. The first group is the bears who have been bearish the whole way down and trying not to gloat. The second are the bulls who have finally "seen the light" and turned bearish. The third are the permabulls.

Between the rapid increase and bearishness and the bulls constant braying that a "correction is due" one could easily see this rally coming.

That's why I find it so odd. It was SO contrived. Unfortunately hope doesn't add value to the bottom line.